Fed Is ‘Methodically’ Tightening Policy to Neutral, Brainard Says

Federal Reserve Governor Lael Brainard said the U.S. central bank will move “expeditiously” to raise interest rates to a level that neither stimulates nor slows the economy this year, and spoke confidently about the central bank’s ability to cool off inflation without damaging the labor market. “We are doing that by tightening monetary policy methodically...